empty
 
 
20.01.2020 02:25 PM
Trading plan for NZD/USD for January 20, 2020

This image is no longer relevant

Technical outlook:

NZD/USD might be preparing for yet another rally towards 0.6800 levels, to take out resistance at 0.6790. We can expect a meaningful corrective drop thereafter towards 0.6500 levels. Please note that NZD/USD has found interim support at the fibonacci 0.382 retracement of the recent upswing between 0.6322 and 0.6750 levels respectively. Moreover, bulls have already managed to break into the buy zone of the trend line resistance. So, NZD/USD has back tested support around 0.6584 levels. If the recent lows at 0.6580/85 levels remain intact, NZD/USD bulls should remain in control and push prices towards yet another high before giving in to bears again. In accordance to the price resistance at 0.6790, we are expecting a minimum push through the same before pulling back lower again. NZD/USD would maintain its bullish structure until prices stay broadly above 0.6200 levels.

Trading plan:

Remain long, stop @ 0.6550, target @ 0.6800 levels.

Good luck!

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada April kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback